MSTR logs record day for STRC issuance on Monday, buys estimated 1,420 BTC

Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$69,922.92, sold a record number of its perpetual preferred equity, Stretch (STRC), on Monday, using the proceeds to purchase about 1,420 bitcoin, according to data from STRC.live.

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Proceeds from STRC, which debuted in July 2025, support the company’s bitcoin accumulation strategy. Monday’s session recorded nearly $300 million in total trading volume, compared with a 30-day average of $124 million, according to the company’s dashboard.

The estimates are based on a methodology that infers purchases from at-the-market (ATM) sales. The approach assumes 40% of trading volume above $100 represents ATM issuance, with a 2.5% broker commission deducted before calculating the implied bitcoin purchase.

Last week, Strategy bought roughly $1.3 billion worth of BTC, nearly 18,000 coins.

Strategy has described STRC as resembling a short-duration, high-yield savings instrument. The company recently raised the dividend rate on STRC to 11.5%. The stock pays monthly cash distributions. The dividend rate is adjusted each month to keep shares trading close to their $100 par value while limiting price volatility.

In an 8 K filing Monday, Strategy amended its Omnibus Sales Agreement to allow multiple agents to sell the same class of securities on a single trading day during pre-market or after-hours sessions. The change enables additional agents to handle early or late trades, while block sales after 4 p.m. ET remain permitted.

Strategy shares are up about 3% in pre-market trading to around $143 per share.